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HomeMy WebLinkAboutOrdinance - 2007-O0020 - 06-07 Budget Amendmt 9 LP&L $215,000; Water Main Extention South $232, 230. - 02/22/2007First Reading February 22, 2007 Item No. 6.13 ORDINANCE NO. 2007-o0020 Second Reading March 5, 2007 Item. No. 5.3 AN ORDINANCE AMENDING THE FY 2006-07 BUDGET FOR MUNICIPAL PURPOSES RESPECTING THE (1) LP&L FUND; AND (2) WATER FUND. WHEREAS, Section 102.010 of the Local Government Code of the State of Texas authorizes the City Council to make changes in the budget for municipal purposes; and WHEREAS, in accordance with the City Budget Ordinance the City Council shall approve all transfers between funds and departments; and WHEREAS, the City Council deems it advisable to change the FY 2006-07 Budget for municipal purposes and reallocate funds as follows; NOW, THEREFORE, BE IT ORDAlNED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK: SECTION 1. THAT the City Council of the City of Lubbock hereby approves changes to the City of Lubbock Budget FY 2006-07 (Budget Amendment #9) for municipal purposes, as follows: 1. Amend a capital improvement project in the LP&L Fund by $215,000. Specific information regarding these projects is competitive information protected under Chapter 552.133 of the Texas Government Code. 2. Amend Capital Improvement Project 91210, Water Main Extension South by appropriating $232,320 of additional revenue from the Lubbock Cooper Independent School District. The total appropriation for this project will be $882,320. The additional funding will pay for the equivalent pipeline size of a six-inch line to Lubbock Cooper Independent School District. Under the contract adopted on June 26, 2006 through Resolution No. 2006-R0308, the increased pipeline size would be paid by the City. SECTION 2. THAT a copy of the changes made to the City of Lubbock Budget pursuant to this Ordinance shall be filed with the City Secretary and County Clerk of Lubbock as required by law. AND IT IS SO ORDERED Passed by the City Council on first reading this 22nd day of February Passed by the City Council on second reading this 5th day of March ATIEST: £~;.<a~~ Reb caGarza, City Se~ "tJ APPROVED AS TO CONTENT: APPROVED AS TO FORM: ·chard K. Casner First Assistant City Attorney mVccdocs/BudgctFY0607.Amend9.ord February 16, 2007 2007 . ) 2007.